MENCHER JUDY K 4
4 · METRETEK TECHNOLOGIES INC · Filed Dec 13, 2004
Insider Transaction Report
Form 4
MENCHER JUDY K
10% Owner
Transactions
- Other
Series B Preferred Stock
2004-12-09−250→ 120,041 total(indirect: See Footnotes)Exercise: $3.06From: 2004-12-09Exp: 2004-12-09→ Common Stock (120,041 underlying)
Footnotes (6)
- [F1]Date on which Series B Preferred Stock is mandatorily redeemable
- [F2]The reported securities were called for redemption by the issuer at a price per share equal to $1,000 plus accrued and unpaid dividends of $467.91 in accordance with the issuer's Certificate of Designation
- [F3]Calculated as (a.) $1,000, plus accrued but unpaid dividends of $467.91, divided by (b.) the conversion price of $3.0571, multiplied by (c.) 250.
- [F4]The Series B Preferred Stock was purchased as part of a Unit in connection with a private placement that closed in separate tranches in December, 1999 and February, 2000. Each Unit consisted of one share of Series B Preferred Stock, 200 shares of Common Stock and one warrant to purchase 100 share of Common Stock. Each Unit was purchased by B III-A Capital Partners, L.P. ("B III-A") for $2,000
- [F5]Membership interest through DDJ Capital Management, LLC ("DDJ"), and its affiliates. DDJ serves as investment manager, and accordingly, has voting and investment power, but no pecuniary interest, in securities held by B III-A.
- [F6]Indirect ownership in securities held by B III-A Capital Partners, L.P. Unable to determine exact pecuniary interest and disclaims any beneficial interest in excess of pecuniary interest.